Trade Idea Wrap-up: USD/JPY - Hold long entered at 122.90

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Dec 7, 2015.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
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    As the greenback has retreated after faltering below resistance at 123.56, suggesting consolidation would be seen, however, reckon the Kijun-Sen (now at 123.13) would limit downside and bring another rise, above said resistance would extend gain towards 123.67-76 resistance area but above there is needed to signal an upside break[​IMG]

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